Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-01-21
ON CHANGE.
Spot Cotton Unchanged, Futures from
Four TO Seven Points Higher.
Money Market Easy.
Wheat Opened Weak, F1uctuated Within n
Narrow Range, and CLOSED Lower.
Live Stock Transactions Brisk.
TORT WORTH UNNECESSARILY BE
VIEW
OFFICE OF THE GAZETTE, !

VIEW.
OFFICE OF THE GAZETTE,
FORT WORTH. TEX, Jan. 70. 1887.
Trade Was fair to-day. Butter has de-
clined and the market Is overstocked.
Eggs are very slow at quotations. Chick
ems have declined in price, the best sell
ing at 81 per dozen. Turkeys are lower.
Oranges have declined. The quality a.
present in market is very poor.
THE STATE OF TRADE.
! Special kilograms to Bradstreet's from
leading trade center5 characterize the
general commercial movement as irregu-
/ lar, with the outlook favoring increased
activity IN the distribution of STAPLE pro-
ducts. In the lower Mississippi valley
cold and wet weather has checked
marketing of agricultural products,
while west and northwest low tenn
perature has facilitated the ship
ment of grain from the interior. Mild
weather which followed has checked
trading at Interior points to some extent
At Brooklyn and Providence, R. L, man
uf3cturing industries have felt the scar
city of coal, caused by the 25O0 New
Jersey coal-handIers' strike, while from
10000 TO $4,000 Pennsylvania anthracite
miners are idle, owing to inability to send
coal east. Retail prices have touched
IS TO $40 per ton at New York, and g
genuine coal famine at eastern centers
would follow another weeks embargo
1t is learned that the companies have eX-
pected 20 make 81 advance for anthracite
TOR 1887, of which so cents per ton was to
go TO the miner.
Other characteristics of trade have
beer reactions in wheat, hog products,
hogs, coffee and colt e, and advances in
steel rails, nails, sugar and petroleum.
Leading domestic money markets have
been easier, and funds are fl wing from
the country to nearly all centers. Total
clesrings from thirty-three cities (inClud-
ing ST. Paul, especially wired to Brad
streets. aggregate 1892 $50, 4lG, against
81 0i3, ass, S2i last week, ard S94S 28I,-
O29 in the second week OF 1886, q loss of
so, $50 400, or per cent. on the week,
aud gain Of s a, 3O9, 3S7, or u per cent.
on the like week 1886 New York's de-
cline this week, due to the checked spec
uIative ana export movement, wes S44,-
600 900. Other variations were:
Clearings Phila. Chicago. Baltimore.
uecTeases... S7,sOOO0O $4,000 500 900
Boston New Orleans. Pittsburg
Increases. 81, 100000 100000 100000
The specially reported gross earnings
of sixty seven railways during each of
three yeals past show increases of Is $40
per cent. in 1856 over 1855, end of & 10
per cent in 1856 over 1884, as follows:
Earnings 81 Railways. 1856 1890. $24l, 30 200
- 900. 1885. ....... 226,23 .2s2
d" ....lS54........ 227,579,Ol9
The New York stock market has been
duL aud inactive, the expected passage
of the Cullom- Reagan bill checking any
general speculative activity. There was,
however, some manipulation of and adj
vances in certain Southern stocks, based
on prospective consultations OF leading
roads Of that sec ion Transactions for
the week were l,575,5I9 shares, against
l,724, 67s shares last week and 2,O23,9 58
shares the cores ondinG week last year.
Bonds are dull, with little demands for
investments. \ few is,u-s were active
aud advanced on special causes.
Transactions were SlO,5l7 $50 in amount,
against s., 04G 500 the preceding week.
Money mas been in good supply,
with call loans 4aG per cent. Stocks
have been sold moderately for foreign &C.
count, which, with an increased inquiry
tonces, advanced rates CT exchange from
l4c to -.
Wheat has been weaker on checked
speculative and export demand, large
visible and aE0at stocks, with weaker
cables in the face of Europe'S heavy re-
Quirements prior to August. The Cali
iornia drouth is not broken yet, and the
Gillian crop is reported seriously snort.
1
and prices went off with full re-
ceipts OF hogs at the Wet. Coffee
is &c higher despite two reactions, that
Yesterday being in sympathy with Havre.
Brazilian prices are &c higher on the
week. There is an increased cOnsump-
ton CT sugar manifest and refined is &c
higher. Raws, OF course, have no local
demand owing to the stoppgge of re-
fneries on account OF the coal strike;
Europe is tirmer and beet sitter with the
closing Of the Ebe by ice. Steel
rails SO at MIL, 10000 tons hav-
ng been sold al Chicago at Sal so
Nails have been advanced TO $3.50, and
bar iron promises TO 20 to &c. Pig iron
is very firm at CORNER figures. South
and West SOC advances have been made.
Eastern cotton mills are sold ahead in
some lines, and higher prices are eX-
pected. Distribution, except Of prints, is
satisfactory. Wool is stronger owing to
operations abroad in Australian and
South American. Cassimeres are held at
5@l0 per cent. advance, bat without
bright prospects Cor securing It.
There were $50 failures in the United
States reported to Bradstreet's this week,
very long list. Most of the excess num-
Der We're of traders with less than $4,000
capital. Last week the total was POI; in
the second week of 1856, 2g9; 1885, 500,
and in 1854, 2e2. For two weeks failures
were, 1887, ESQ. in 1856, S&9; in 1855,
Sl4, and in 1854, 627. Canada IL, agsinss
30 in two weeks of lSS6.-Bradstreet's